For the Three Months Ended

March 31,

June 30,

September 30,

December 31,

2019

2018

2019

2018

2019

2018

2019

2018

(in millions, except per unit data)

Net sales

$

2,300

$

2,364

$

2,588

$

2,819

$

2,484

$

2,815

$

2,349

$

2,578

Gross margin on net sales

400

377

459

392

415

443

235

362

Total revenues

1,855

2,983

2,196

3,423

2,320

2,569

2,621

2,802

Income (loss) from continuing operations

(664)

367

(573)

410

(373)

(334)

(149)

(206)

Income (loss) from discontinued operations

—

45

(24)

167

—

176

(8)

1,376

Net income (loss)

(664)

412

(597)

577

(373)

(158)

(157)

1,170

Net loss (income) attributable to non-controlling interests

(270)

280

(99)

275

(324)

(276)

—

240

Net income (loss) attributable to Icahn Enterprises

$

(394)

$

132

$

(498)

$

302

$

(49)

$

118

$

(157)

$

930

Basic income (loss) per LP unit:

Continuing operations

$

(2.02)

$

0.55

$

(2.37)

$

0.81

$

(0.24)

$

(0.24)

$

(0.70)

$

(2.30)

Discontinued operations

0.00

0.19

(0.12)

0.85

0.00

0.88

(0.04)

10.31

$

(2.02)

$

0.74

$

(2.49)

$

1.66

$

(0.24)

$

0.64

$

(0.74)

$

8.01

Diluted income (loss) per LP unit:

Continuing operations

$

(2.02)

$

0.55

$

(2.37)

$

0.81

$

(0.24)

$

(0.24)

$

(0.70)

$

(2.30)

Discontinued operations

0.00

0.19

(0.12)

0.85

0.00

0.88

(0.04)

10.31

$

(2.02)

$

0.74

$

(2.49)

$

1.66

$

(0.24)

$

0.64

$

(0.74)

$

8.01